Bitcoin’s Bullish Blueprint: Two Analysts, One $120K Target

Lark Davis signals a potential 9.77% BTC breakout targeting the $120K level via a triangle pattern. Garrett Patten’s Elliott Wave chart projects $116,400 as the next major wave 3 target if support holds. Both analyses align around bullish momentum, with MACD and RSI confirming strength in current market structure. A strong technical case is building for Bitcoin’s next major rally, as analysts have identified technical chart setups pointing to a rally toward the $116,000–$120,000 range. The bullish sentiment on Bitcoin is supported by the following analytical methods that clearly show a powerful move provided key support levels hold. BTC bullish outlook was highlighted on July 3 by two separate analyses, one focusing on a classic chart breakout and the other on a complex Elliott Wave structure, both arriving at a similar bullish conclusion. The Breakout: A Classic Pattern Signals a 10% Upside Lark Davis, known as @TheCryptoLark on X, shared a Bitcoin chart on July 3 showing a clear breakout above a descending trendline. According to Davis, this move could signal a significant rally toward the $120,000 level. Bitcoin Breakout Chart. Source: @… The post Bitcoin’s Bullish Blueprint: Two Analysts, One $120K Target appeared first on Coin Edition .

Source: Coin Edition